Air Berlin's German Expansion Worries Lufthansa
"Deutsche Lufthansa is alarmed over rival Air Berlin PLC's domestic expansion plans in Germany, the Financial Times Deutschland reported Tuesday, citing Lufthansa's in-house publication. Lufthansa calls Air Berlin's plans a "frontal attack," according to the newspaper. Competition on the key Hamburg-Frankfurt route will eat into Lufthansa's core business and will negatively affect its returns on this high-volume route, the newspaper reported."
Source: Dow Jones International News